Petroleum Production, Trade and Corruption in Sub-Saharan Africa
Article from: OGEL 5 (2003), in Corruption
p>A major portion of Sub-Saharan Africa's foreign exchange earnings are devoted to the procurement of petroleum. This situation could be ameliorated: a revamping of policies and practices in hydrocarbons procurement and distribution could reduce corruption and yield savings in the region of an amount significantly greater than yearly net disbursements of World Bank loans and credits to all continent combined.
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M.J. Schloss; "Petroleum Production, Trade and Corruption in Sub-Saharan Africa"
OGEL 5 (2003), www.ogel.org